âī¸How to : Check your balance
In the context of blockchain, a balance represents the total amount of a specific token that a wallet holds. It can be used to keep track of your assets and is essential to know before carrying out any transactions. In this guide, we will show you how to check the balance of your wallet.
Overview:
Checking the balance of your wallet is a simple process:
Navigate to the DRC-20.org balance checker at https://drc-20.org/wallet/balances.
Input your wallet address.
Click the "Check" button.
You can now see the balance of your wallet!
Detailed Explanation:
On this page, you will see several columns each representing a different aspect of your balance:
Available: This column shows the number of tokens that are currently in your wallet and available for use. These tokens are currently not in transferable state, you'll need to mint an inscription transfer to make 'em transferable, woof!
Transferable: This column displays the number of tokens that are ready to be sent. These are tokens for which you have minted a transfer inscription and are just waiting to be sent. When you mint a transfer inscription, the relevant tokens move from the "Available" category to the "Transferable" category.
Total: This is the cumulative sum of the "Available" and "Transferable" tokens. It gives you a comprehensive view of all the tokens associated with your wallet.
Tips: Want to move your tokens from transferable to available ? Simply send to yourself the inscription transfer mint !
Remember, when you are planning to transfer tokens, make sure to check your balance first to ensure that you have enough tokens for the transaction. By doing so, you can prevent any failed transactions due to insufficient balance. Example : Available 10,000 fiwb Transferable 5,000 fiwb Total 15,000 fiwb If you mint a transfer inscription 15,000, it won't work (cause only 10,000 are available).
We hope this guide helps you understand how to check the balance of your wallet and the meaning of each balance category. Happy trading!
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